Original Beachfront Kihei: 1520 Halama Street
Originally listed in late summer of last year, 1520 Halama Street needed some time before it found the right buyer. The home came to market at $4,190,000, it was 4 months before the home entered escrow and another 4 months before the home closed for $3,600,000. The home sits on just under a 1/2 acre and is a decent size for sitting beachfront in South Maui. The home itself is very spacious with 3500 square feet of living area, plus an extra 1750 square feet of additional lanai space. Because the home encourages the use of outdoor space, the total living area is closer to 5000 square feet.
Spacious beachfront home plus detached cottage directly on the sandy beach of South Maui’s Halama Street. Indoor/outdoor island living, steps to the sand, and incredible views of the blue Pacific and outer islands. Home features 3 separate living areas. Property sold As-Is.
Halama Street Market
The Halama Street market is an exclusive market to get into because of its reputation as a premier choice among Kihei beachfront real estate. Since the start of the decade, there have been 10 homes sold above the $3 million mark. Since 2010, the top of the market has been hovering around $6 million; the beachfront estate is of Wailea quality and is able to compete with many of the Wailea’s estates. A notable sale was at $3.6 million, it was prime oceanfront lot with sandy beach frontage, great location on Halama Street, seller plans for 6,000 sq. ft estate; a potentially lucrative investing opportunity.
The sandy shores bordering Halama Street
At the moment there are two exceptional Halama Street listings: $3.9M-private and prime oceanfront location; expansive ocean views of Lanai, Kahoolawe, & Molokini Crater; quiet, tranquil, tropical garden flows throughout, past the detached 2-bedroom Ohana and $4.1M-older home and cottage have recently been remodeled into a charming Hawaiian style Beach Retreat.
Older home and cottage recently remodeled into a charming Hawaiiana style Beach Retreat. Great lot with a seawall would be perfect for a brand new luxury home to match the many new ones on the street but the house can be used as-is until the plans and construction process is done. Cottage has also been recently re-done and would be perfect for a caretaker or family member as well as a great income producer. Listed at $4,150,000.
The main house is located just footsteps from the ocean. Both bedrooms have renovated bathrooms with granite counters, glassed-in showers, and updated fixtures. The quiet, tranquil, tropical garden flows throughout, past the detached 2-bedroom Ohana, the storage garage, out to the street. In addition, the property includes PV electric & Solar water panels which are owned by the Seller. This property does have a ‘State of Hawaii Approved’ seawall/stone revetment easement which could help facilitate future renovations as well. Listed at $3,975,000.
Contact a Maui Real Estate and Lifestyle Specialist
Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea
Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.
Anthony Sayles R(S)